The Immediate Supply of Information (SII Spain) is an innovative online tool, promoted by the Spanish Tax Administration Agency (AEAT), to improve and facilitate the control of VAT (Value Added Tax).
There is special treatment (called “the Beckham Law in Spain “) on offer for top executives who have moved to Spain with a personal income up to a maximum of € 600,000, which may be applied in the first year of moving and the following 5 years.
Controlling the working day is usually a problem for the employer, either because they don´t want their workers to feel controlled, because they don´t know which system to implement or because they are not interested in controlling the overtime in Spain. It is important that companies keep track of the days worked by their staff, so as to control the hours worked by each employee and have a justification for any legal issue.
On 6 March, the Official Spanish State Gazette issued Order ESS/214/2018, which requires self-employed workers to join the RED System and receive online notifications. This is a new obligation of freelancers in Spain (or self-employed workers). This can be carried out either directly by the self-employed professional or through a RED-authorised third party, and will be mandatory from 1 October onwards.
Form 232 is an annual informative declaration of transactions carried out with related entities and/or related entities located in countries or territories classified as tax havens.